What is money, where does it come from, and who controls it?
Ann Pettifor explains history’s most misunderstood invention: the money system. She argues that democracies must reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem.
The Production of Money examines and assesses popular alternative debates on, and innovations in, money, such as “green QE” and “helicopter money.” She sets out the possibility of linking the money in our pockets (or on our smartphones) to the improvements we want to see in the world around us.
Ann Pettifor is the Director of Prime (Policy Research in Macroeconomics), an Honorary Research Fellow at City University, and a Fellow of the New Economics Foundation. She is known for her leadership of the Jubilee 2000 campaign, which resulted in massive debt cancellation for more than thirty countries. She has served on the board of the UN Development Report and in 2015 was invited onto the economic advisory board of the British Labour Party by Jeremy Corbyn.
Claer Barrett is the personal finance editor of the Financial Times, edits the weekend Money section and co-presents the FT Money Show podcast. She aims to demystify money matters and contributes regularly to various radio programmes as well as appearing on BBC1's 'Right on the Money'.